GDN golden state resources limited

cash on hand, page-10

  1. cpb
    513 Posts.
    As they almost stated this DST just a hope and pray they have no idea from the drilling that there is any chance of success, they need money now, this hole has been going for a year , it will need months more testing to see if it is commercial or not , its not going to flow at a commercial rate without fraccing that seems obvious , very risky times ahead,. and I firmly believe this hole could send them broke.
 
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